NIBL Ace Capital appoints as share registrar for Ru Ru Hydro

Kathmandu, April 19

NIBL Ace Capital Limited has been appointed as the share registrar of the Ru Ru Jalbidhyut Pariyojana Ltd. The company, which is in the process of listing the securities in the secondary market by distributing IPO to the public, has appointed a share registrar to do all the work related to the shares.

Now, all the work related to keeping records of the company’s share trading, rejection of registration, withholding of name transfer, updating of shareholders’ data will be done by NIBL ​​Ace Capital.

The company has sold the IPO to the public from Chaitra 20 to Chaitra 24 and distributed it on Baisakh 3. The company has sold IPO in Rs. 120 to the public. In the first phase, the company has issued IPO to the public and has set a minimum face value of Rs. 100.

The company, which had a paid-up capital of Rs. 32 crore 61 lakh 64 thousand 400, has reached Rs. 40 crore 77 lakh 5 thousand 500 after issusing IPO. The company is 80 percent owned by the founder, 10 percent by the project affected and 10 percent by the general public.